Costa Rica gazettes resolution reducing interest rate for late tax payments and refunds

25 June, 2021

On 16 June 2021, the Costa Rican Ministry of Finance has published a Resolution RES-DGH-010-2021 and RES-DGA-222-2021 providing a reduction of interest rate from 10.31% to 10.20% for late tax payments and refunds of overpayments. The rate is effective from 1 July 2021 and is based on the average commercial lending rate of Costa Rica’s national banks.

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